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Dec 10, 2012
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chance in a fourth quarter lead if they win against the steelers at home and if they win it against washington, they come away with a chance in the playoffs. this is not just about what happened in the last two weeks. over the last two years, they have put more financial resources into their offense than they ever have prior. and there was inconsistency with the offense and the performance on the road and at home. and their ability to win games. it is all part of the equation. but the real crux of it comes with three games left in the regular-season and must-win situations. now they must face peyton manning. and his former head coach, jim caldwell, takes over the ravens offense. >> we appreciate your insight. we know you will be following developments. not surprisingly, we have gotten a lot of comments on facebook. they always blame the coach. when will they realize it is the team? another person writes, who hired him? maybe that is the person that should be replaced. another person writes, it is horrible. we all have bad days. be sure to check wbal for updates. a member of the u.s. navy's eli
chance in a fourth quarter lead if they win against the steelers at home and if they win it against washington, they come away with a chance in the playoffs. this is not just about what happened in the last two weeks. over the last two years, they have put more financial resources into their offense than they ever have prior. and there was inconsistency with the offense and the performance on the road and at home. and their ability to win games. it is all part of the equation. but the real crux...
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Dec 4, 2012
12/12
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jeff, what do you make of what's going on in washington? i'm most interested in the fact that the markets have lost the volatili volatility. we're not seeing the markets respond to every single statement that comes out of washington right now. what do you make of that? >> i think it's the same washington waltz we saw last year. they didn't extend the bush tax cuts until december 17th. they didn't handle the payroll tax until december 23rd. i lived inside the beltway. i have a pretty good network on the hill. i think they're going to have some kind of staged in agreement and then agree to attack the entitlement situation in the new year. >> michael, what do you make of what's going on? how do you try and trade this? at least we had some volatility the traders could trade on. now we don't have that. >> i think the lower volatility is telling you this is an extremely resilient stock market. i've been calling this the rocky balboa stock market. the entire scenario playing out is the fiscal cliff ends up being bullish no matter what. spending cu
jeff, what do you make of what's going on in washington? i'm most interested in the fact that the markets have lost the volatili volatility. we're not seeing the markets respond to every single statement that comes out of washington right now. what do you make of that? >> i think it's the same washington waltz we saw last year. they didn't extend the bush tax cuts until december 17th. they didn't handle the payroll tax until december 23rd. i lived inside the beltway. i have a pretty good...
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Dec 26, 2012
12/12
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. >> the commander in chief is in charge but he is thousands of miles away in washington, dc. >> but it could work when the army commander and the naval commander of a particular operation cooperated with each other, and that became true with the commander of the western flotilla... ... in 1862 they were at odds worrying about grant getting too much credit. give a sense of the state of the navy in terms of ships and men as 1861 to 1862. things were changing dramatically in terms of enlistment. >> one of the things about the civil war and it's particularly true of the navy is it six kind of on a technological point in american history things had been changing for some time. the power comes in and the railroads already expanding across the continent but the application of the large-scale warfare in the civil war is one of the first cases where we see that. now the land war probably arguably at least is the most immediate impact was the shoulder muskett which dramatically extended their range the soldiers could fight and at sea there are a number of similarly important technological cha
. >> the commander in chief is in charge but he is thousands of miles away in washington, dc. >> but it could work when the army commander and the naval commander of a particular operation cooperated with each other, and that became true with the commander of the western flotilla... ... in 1862 they were at odds worrying about grant getting too much credit. give a sense of the state of the navy in terms of ships and men as 1861 to 1862. things were changing dramatically in terms of...
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Dec 13, 2012
12/12
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and anyway, i want it repeated in washington. sadly, that seems to be where we're headed, rebel without a cause. i don't want a repeat of the debt ceiling t.a.r.p. debacle. but today felt sort of like we had one. >>> fiscal fear. a critical time for the ticker as wall street hangs on every word out of washington. >> at some point reality sets in. >> cramer takes on the technicals to see if the market could be telegraphing its next move, when he goes off the charts. >>> and, later, last-minute shopping? after almost doubling this year, shares of the gap have gap down, could this mega name clothing retailer be gift wrapped just for you? or will cliff worries about locking in gains for the year soon make it come apart at the seams? cramer trying it on, just ahead. >>> plus, engine of growth. the power outages that follow superstorm sandy gave many homeowners a wakeup call, as the rebuild continues, could ab investment in engine company brigs and stratton plug you into a strong trend? cramer speaks to the ceo coming up. >>> don't mis
and anyway, i want it repeated in washington. sadly, that seems to be where we're headed, rebel without a cause. i don't want a repeat of the debt ceiling t.a.r.p. debacle. but today felt sort of like we had one. >>> fiscal fear. a critical time for the ticker as wall street hangs on every word out of washington. >> at some point reality sets in. >> cramer takes on the technicals to see if the market could be telegraphing its next move, when he goes off the charts....
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donovan said that washington is closer to one after the latest audit of the fha found it has a capital reserve deficit of about $16 billion. but the administration it is too soon to say whether the fha will need any treasury funding to avoid a bailout. the agency is increasing fees and making other changes. >> based on all of that do you expect a taxpayer bailout as we sit here today? if so, when? >> based on those steps, i believe we've significantly decreased the chance of having a bailout at the end of 2013 or having to draw on the treasury. i'm not going to assign a probability at this point. melissa: hmmm. >> the administration says it will siggnal its intentions on treasury funding when it has the 2014 budget this february and make a decision whether or not to pull the trigger or not next september. melissa. melissa: peter thanks so much. what does a possible fha bailout mean to us, the taxpayer? here in a fox business exclusive, another one, former fha commissioner david stevens. he is now president and chief executive officer at the mortgage bankers association. thanks so much
donovan said that washington is closer to one after the latest audit of the fha found it has a capital reserve deficit of about $16 billion. but the administration it is too soon to say whether the fha will need any treasury funding to avoid a bailout. the agency is increasing fees and making other changes. >> based on all of that do you expect a taxpayer bailout as we sit here today? if so, when? >> based on those steps, i believe we've significantly decreased the chance of having...
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Dec 4, 2012
12/12
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howard kurtz joins me live now from washington via skype. he's the anchor of "reliable sources" on cnn. this is pretty overwhelming stuff, i have to say. to just read it, my first inclination was to say, come on, that can't be true. what was your first reaction? >> there goes roger again because i reported last year ashleigh that roger ailes had dinner with most of the prospective presidential candidates including mitt romney and he gave him some advice about loosening up on the air. so even though he runs a major news channel, roger ailes was a backbattleground in republican politics, he can't resist dabbling in the political game. >> but to suggest a news organization might need some guidance on how to tailor what they're going on the air? >> i don't know if mcfarland was carrying a message from ailes or not. petraeus interestingly enough said fox seemed to turn against the war in afghanistan after it became obama's war, in other words when it was no longary war being prosecuted by george w. bush. more interesting to me is the noths that a
howard kurtz joins me live now from washington via skype. he's the anchor of "reliable sources" on cnn. this is pretty overwhelming stuff, i have to say. to just read it, my first inclination was to say, come on, that can't be true. what was your first reaction? >> there goes roger again because i reported last year ashleigh that roger ailes had dinner with most of the prospective presidential candidates including mitt romney and he gave him some advice about loosening up on the...
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Dec 14, 2012
12/12
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, washington. go hawks. let's go microsoft. >> okay. microsoft does not yield enough yet to intrigue me. i do believe it will be a better stock in 2013 at some point. i have to believe some of that cycle of windows 8 kicks in. right now in no man's land. i don't like being in no-man's land. rick in missouri now. >> caller: jim, thank you for taking my call. appreciate it. >> thank you. >> caller: my question today, i want to know if arch coal will remain a big lump of coal for 2013. i bought it at 14. down to about 7. would like your insight. >> remember, on "mad money," we don't care where a stock has been, we care where it's going. i remain incredibly bearish arch coal. stewart in california, please. >> caller: jim, a big booyah for myself and my parents. i'm wondering how you think bank of america will do with the whole fiscal cliff situation? >> people tell me that the housing business is the one that will be hurt most by fiscal cliff, but bank of america is an inexpensive stock. not my favorit
, washington. go hawks. let's go microsoft. >> okay. microsoft does not yield enough yet to intrigue me. i do believe it will be a better stock in 2013 at some point. i have to believe some of that cycle of windows 8 kicks in. right now in no man's land. i don't like being in no-man's land. rick in missouri now. >> caller: jim, thank you for taking my call. appreciate it. >> thank you. >> caller: my question today, i want to know if arch coal will remain a big lump of...
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Dec 9, 2012
12/12
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. >> the commander-in-chief is in charge but these 1000 miles away in washington. >> but it could work when the army commander and the naval commander of the particular operations cooperative with each other. that became -- commander of the western flotilla and to general u.s. grant in the winter of 1862 because they work together to capture fort henry, for donaldson, and the tributaries of the mississippi river. then foot was on his own for a while working with john pope, and that worked out pretty well, too. when they captured the island in april 1862. part of this sequence of union successes in the spring of 1862 which then did come to an end, so if there is informal cooperation between the two of them it works pretty well. but as they see themselves as rivals, it's not going to work. >> look at halleck and grant in 1862. halleck is worrying about grant. >> give us a sense of the state of, the evolving state in terms of shifting and as 1861 most 1862 and sort of changes, radically in terms of enlistme enlistment. >> start with me? yeah, one of the things about the civil war, and i t
. >> the commander-in-chief is in charge but these 1000 miles away in washington. >> but it could work when the army commander and the naval commander of the particular operations cooperative with each other. that became -- commander of the western flotilla and to general u.s. grant in the winter of 1862 because they work together to capture fort henry, for donaldson, and the tributaries of the mississippi river. then foot was on his own for a while working with john pope, and that...
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Dec 4, 2012
12/12
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i don't think washington's quite as tough as what i am. >> glad i'm not growing up in your house, jimmy. >> wow. >> i give in to anything. and everything. just putting it out there >> wow. >> jim, michael, thank you very much for joining us. the meantime, we are calling this extreme hoarding, dividend edition, because more companies are paying billions and billions in special dividends. robert frank, by the way, who is getting the biggest payouts here? >> mostly ceos and company founders. more than 110 companies anumbers onned special dividends in the fourth quarter, three times last year's fourth quarter, all aimed at beating that potential tax increase on dividends. that tax now 15%, scheduled to go up to 43.4% on january 1st. now you companies have doled out more than $22 billion in special dividends this quarter. that's savings up to $6 billion in taxes. three of the biggest paydays will go to sheldon adeleson, tom frist and larry ellison. together, they will get $1.75 billion checks before christmas. and their tax savings there could be more than $490 million. so, what will they do
i don't think washington's quite as tough as what i am. >> glad i'm not growing up in your house, jimmy. >> wow. >> i give in to anything. and everything. just putting it out there >> wow. >> jim, michael, thank you very much for joining us. the meantime, we are calling this extreme hoarding, dividend edition, because more companies are paying billions and billions in special dividends. robert frank, by the way, who is getting the biggest payouts here? >>...
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Dec 9, 2012
12/12
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so they should spend more time in washington and less time raising money. people we will say, oh, but that is going to hurt them in the next election. well, what we say is that politicians to enter politics just to be stand on principle. very few people think politicians -- attracted to politics because there were the responsible people. there were attracted to politics because they want to govern, so it takes lead. takes relationships. we have this phrase which is familiarity leads attempts. it is no accident, that ted kennedy and orrin hatch crafted compromises. there were both strong partisans, but they had the spirit of compromise. then makes the mind set. that is our main description to five prescription for compromise >> but if you consider hatched he was pretty well fed by the tea party with a primary and potentially being ousted from office because of some of this compromise is. >> true. and we don't -- compromise is difficult. governing has become more and more difficult. however, if politicians, what do we remember warren has for? we robber and fo
so they should spend more time in washington and less time raising money. people we will say, oh, but that is going to hurt them in the next election. well, what we say is that politicians to enter politics just to be stand on principle. very few people think politicians -- attracted to politics because there were the responsible people. there were attracted to politics because they want to govern, so it takes lead. takes relationships. we have this phrase which is familiarity leads attempts....
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Dec 6, 2012
12/12
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smith goes to washington." and he was trying to stop a land grab where a boys' camp should be. and he knew what was being done was wrong and he said he's going to take the floor and he's going to stand before colleagues and the american people and he's going to do so as long as he could stay standing. because it was an important principle that was being violated with an inappropriate land grab back home. well, the american public is hungry for this kind of courage, that if you believe that a simple majority is not in the interests of america because of the gravity of an issue, that you will stand on this floor and make your case. that is what the talking filibuster proposes. it says that at the time you have a vote on ending debate, if a majority of this body says, yes, we should end debate and go forward, but a supermajority of 60 is not yet there so the vote's between 51 and 59. so that -- that says there's still a substantial minority of 41 or more who want to have more debate, then they have to deba debate. it's as simple as that. they can't basically go off on vacation whi
smith goes to washington." and he was trying to stop a land grab where a boys' camp should be. and he knew what was being done was wrong and he said he's going to take the floor and he's going to stand before colleagues and the american people and he's going to do so as long as he could stay standing. because it was an important principle that was being violated with an inappropriate land grab back home. well, the american public is hungry for this kind of courage, that if you believe that...
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Dec 9, 2012
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he took his first trip to washington d.c. on and on our flight. next, i want to tell you about joe. he is gone -- he is accompanied today by his wife terese. many of you no joke, but you might not know why. his picture was taken in 1945 for the "life magazine." it was called the human skeleton, weighing only 70 pounds. his photograph became one of the most iconic images of world war two. it is only fitting that today is joe's 87th birthday. [applause] gio and julian's stories have been submitted to the veterans history project at the library of congress. for years and years, researchers and documentarian's can use those stories for their future projects. these two men represent a less than 2 million world war ii veterans living today, men and women who fought all across the world to defend and protect not only our country from harm, but something much more fundamental, our freedom. freedom is this big lofty ideal, it is a word used a lot in washington, d.c., but i wonder if it has lost its potency. when joe was liberated, there was another p.o.w. in the caught right next to him. tha
he took his first trip to washington d.c. on and on our flight. next, i want to tell you about joe. he is gone -- he is accompanied today by his wife terese. many of you no joke, but you might not know why. his picture was taken in 1945 for the "life magazine." it was called the human skeleton, weighing only 70 pounds. his photograph became one of the most iconic images of world war two. it is only fitting that today is joe's 87th birthday. [applause] gio and julian's stories have...
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good afternoon welcome to capital account i'm lauren lyster here in washington d.c. these are headlines for friday december fourteenth two thousand and twelve whether it is going over the fiscal cliff or spanish house prices suffering a severe fall there seems to be a universal fear a financial fear of gravity we're scared of falling but ironically we don't seem to have much fear of altitude which should we jim grant founder and publisher of grant's interest rate observer is here to offer his my monthly outlook plus voters in japan head to the polls sunday to cast their ballots and parliamentary elections and if recent polls are any indication they look set to elect shinzo all day he's leader of japan's main opposition party he said to be the next prime minister in the face of technical recession and weak exports in that country he is demanding the make of japan begin unlimited q.e. yes i know japan has been deflating for the past twenty five years so why should we pay attention to this call from a politician today we'll ask our guests plus we had a tremendous respon
good afternoon welcome to capital account i'm lauren lyster here in washington d.c. these are headlines for friday december fourteenth two thousand and twelve whether it is going over the fiscal cliff or spanish house prices suffering a severe fall there seems to be a universal fear a financial fear of gravity we're scared of falling but ironically we don't seem to have much fear of altitude which should we jim grant founder and publisher of grant's interest rate observer is here to offer his...
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Dec 12, 2012
12/12
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he's not willing to check the heart at washington's door. all right. come on, this show's about making money, cramer. not a cardiology exam versus ben bernanke and the president and congress. it's the most valuable thing you can do to keep the bull market from running out of steam. as part of a long term analysis of the stock market that i've been working on pretty much every night knight at home, if needed to know one number, one piece of data to predict the market you would choose the unemployment rate. when the unemployment rate is going lower and jobs are being created, the positive signs. the congress of course is true, too. now, the problem at the moment isn't with the fed it's with the executive branch and the legislature. the presidential intransigence as well as no new tax pledge to grover norquist, republicans won't miss tax hikes to make a deal. the president is nothing serious when it comes to spending at all. nothing! so it looks like the cliff jumps ahead of us after my trip to washington. that was a tough day. had to take a couple shower
he's not willing to check the heart at washington's door. all right. come on, this show's about making money, cramer. not a cardiology exam versus ben bernanke and the president and congress. it's the most valuable thing you can do to keep the bull market from running out of steam. as part of a long term analysis of the stock market that i've been working on pretty much every night knight at home, if needed to know one number, one piece of data to predict the market you would choose the...
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Dec 3, 2012
12/12
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in washington, posturing politics and high-stakes poker with america's economy at stake. president obama's initial offer on the fiscal cliff was resoundingly rejected by republicans. it included a $1.6 trillion tax increase, double what he campaigned on. also included $400 billion in entitlement cuts eliminating the need for congressional approval to a raise the debt ceiling. the markets rebounded later in the week following the latest hopes on a fiscal cliff agreement. america's economy grew at a faster pace than initially expected in the third quarter of the year. the second reading of the gross domestic product showed it at rate of 2.7% spurred by stronger inventories and exports. the securities and exchange commission is looking for a new chairman. mary shapirp schapiro announcin she will step down after nearly four years on the job. the obama administration says it will announce a replacement in the near future. >>> starbucks has a new way to spend a lot of money. it is introducing the most expensive blend made from a rare costa rican variety named geisha. it is $7 a
in washington, posturing politics and high-stakes poker with america's economy at stake. president obama's initial offer on the fiscal cliff was resoundingly rejected by republicans. it included a $1.6 trillion tax increase, double what he campaigned on. also included $400 billion in entitlement cuts eliminating the need for congressional approval to a raise the debt ceiling. the markets rebounded later in the week following the latest hopes on a fiscal cliff agreement. america's economy grew...
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Dec 30, 2012
12/12
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. >> reporter: in washington, there is still hope a deal can be cut in time to avert the fiscal cliff. on saturday the president was at work here at the white house, but all eyes were up on the senate where negotiators were trading deal points and revenue figures, to try to reach an agreement all sides can stomach. the base line for the president - any bipartisan bill would have to extend unemployment insurance benefits that would affect some two million americans. and it would have to increase taxes on the highest income earners. but negotiators could still work out exactly where those tax increases would hit and whether they would halt an increase in the estate tax. now in case that deal breaks down, the president has asked democratic leader harry reid to prepare a separate bill to put on the senate floor. that bill would increase taxes for households that earn 250- thousand dollars or more. now that's a democratic proposal, and you can expect republicans would block it. so rather than thinking of that as a stop-gap measure, think of it as a political move to try to shift the respon
. >> reporter: in washington, there is still hope a deal can be cut in time to avert the fiscal cliff. on saturday the president was at work here at the white house, but all eyes were up on the senate where negotiators were trading deal points and revenue figures, to try to reach an agreement all sides can stomach. the base line for the president - any bipartisan bill would have to extend unemployment insurance benefits that would affect some two million americans. and it would have to...
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Dec 10, 2012
12/12
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washington journal live at 7:00 a.m. eastern on c-span. on wednesday the british chancellor, the u.k.'s head of treasury released the annual report on the british economy. prime minister david cameron took questions on proposed cuts that he says will help the deficit on the u.k. he also answers questions on afghanistan, securing the border, and youth unemployment. this is just over 30 minutes. >> number one, mr. speaker. >> thank you, mr. speaker. i'm sure the whole house will wish to join me in graduating the duke and duchess of cam brage on the wonderful knew they are expecting their first child. turning to my friend's question on afghanistan. the threat to global security from al qaeda has been significantly reduced and this is in large part of the brave work of u.k. and afghan armed forces. we remain committed to afghanistan for the long-term and we continue to support the development of afghan forces through continued funds and training. our crrt that aid to help the state to police its own lands. it is this part that al qaeda won't w
washington journal live at 7:00 a.m. eastern on c-span. on wednesday the british chancellor, the u.k.'s head of treasury released the annual report on the british economy. prime minister david cameron took questions on proposed cuts that he says will help the deficit on the u.k. he also answers questions on afghanistan, securing the border, and youth unemployment. this is just over 30 minutes. >> number one, mr. speaker. >> thank you, mr. speaker. i'm sure the whole house will wish...
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Dec 6, 2012
12/12
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WUSA
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the international airport provides easy access to washington on its highway. dulles airport also provides connections to both international and national markets, but if funding drops out accident buildings will go the interest -- out, buildings will go empty and commercial property taxes which fuel the county's economy will decline. >> we want bailed approach to help us get out of this -- a balanced approach to help us get out of this, but it will have a significant impact on fairfax county if congress does nothing. >> didn't know dulles airport was such a big deal and remember, the biggest expenditure for fairfax and other counties around here, the school budget. less money for the county, less money for schools. >>> as part of our continuing effort to hold elected officials accountable for what does or does not happen before the january 1st deadline, we're inviting our local lawmakers to be live with us on the air. tonight at 7:00 i'll be joined by maryland senator ben cardin and monday at 5:00 virginia senator elect tim kaine will be right here. 9 news is m
the international airport provides easy access to washington on its highway. dulles airport also provides connections to both international and national markets, but if funding drops out accident buildings will go the interest -- out, buildings will go empty and commercial property taxes which fuel the county's economy will decline. >> we want bailed approach to help us get out of this -- a balanced approach to help us get out of this, but it will have a significant impact on fairfax...
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Dec 30, 2012
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in washington -- washington had 30 thousands people then as a city. 12,000 were black. the majority of the people in 1830 were free, were not slaves out of the 12,000 people, slightly more than half were free. >> what led to washington, d.c.'s first race riots in 1835? what part did francis scott key play? jefferson recounts this almost forgotten chapter in history in "snowstorm in august" on c-span2's booktv.org. >> we don't know whether franklin roosevelt heard about forest greenberg's unprecedented call for health care as a right because even though he had endorsed the conference, he chose that time to go on vacation. frksz dr was actually on a cruise. it was probably a well-deserved vacation. three years earlier, he refused to include medical coverage because he didn't want to antagonize the american medical profession. he did send a message of support to the health department corchtion, but not long afterwards, the outbreak of world war ii forced the president's attention elsewhere. fives year later, january 11, 1944 in the state of the union address, roosevelt spo
in washington -- washington had 30 thousands people then as a city. 12,000 were black. the majority of the people in 1830 were free, were not slaves out of the 12,000 people, slightly more than half were free. >> what led to washington, d.c.'s first race riots in 1835? what part did francis scott key play? jefferson recounts this almost forgotten chapter in history in "snowstorm in august" on c-span2's booktv.org. >> we don't know whether franklin roosevelt heard about...
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Dec 10, 2012
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i know everybody's hostage to washington these days. there's some trends that can trump the government, health and wellness maybe? breaking up is easy to do stories. better than expected retailers, in the end when it come to the fiscal cliff, to the longer we delay a deal or can't do a deal at all, it's worse for all the shareholders and the investors and the stock market. yes, a deal that does nothing, it simply keeps taxes where they are right now and doesn't cut entitlements, that's what everybody wants. does matter, believe he, i mean what's going to happen if we do nothing except keep things exacthe they are now, and just vote to undo the cliff. they'll downgrade the u.s. debt. but that's it. by the way, we have already proven through nine ways of sunday that -- when our credit rating got downgraded last summer. well, bonds went up in price and down in-year-old. -- in yield. so why not do nothing? why doesn't the president say we're just going to keep bonds the way they are. and we're not going to cut entitlements because we know i
i know everybody's hostage to washington these days. there's some trends that can trump the government, health and wellness maybe? breaking up is easy to do stories. better than expected retailers, in the end when it come to the fiscal cliff, to the longer we delay a deal or can't do a deal at all, it's worse for all the shareholders and the investors and the stock market. yes, a deal that does nothing, it simply keeps taxes where they are right now and doesn't cut entitlements, that's what...
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Dec 10, 2012
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now, live from washington. are the united states officials commenting that the government has used the chemical weapons? >>reporter: reporters were told they do not have evidence of this but video uploaded by the syrian opposition and impossible to independently verify by fox, claims to show the use of the chemical weapons by assad regime. this fire which allegedly produces toxic smoke began after a tank was unloaded by a syrian jet over rebel-held territory. another video could not be authenticated showed gear confiscate by the opposition. the israeli around to the united states responded that the israelis have intelligence assets monitoring the stockpiles. >> syria has a very varied deep chemical weapons program. it is dispersed geographically. if the weapons were pass into the hands of hezbollah that would be a game changer. >> he said the jihad presence in syria is big and getting bigger and the longer this conflict goes on the more they can establish a presence. >>shepard: different groups involved with th
now, live from washington. are the united states officials commenting that the government has used the chemical weapons? >>reporter: reporters were told they do not have evidence of this but video uploaded by the syrian opposition and impossible to independently verify by fox, claims to show the use of the chemical weapons by assad regime. this fire which allegedly produces toxic smoke began after a tank was unloaded by a syrian jet over rebel-held territory. another video could not be...
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Dec 23, 2012
12/12
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and we've switched around, but we've worked real well together in washington. he's a great senator. does a good job on so many different issues. so i've been proud to serve with him and i'll continue to work with him from my approach over at the heritage foundation. tim, i feel the same way you do about our congressional delegation. i could not be prouder of our state for sending folks like this to stand in washington and fight for the right ideas. and they've certainly done it with a lot of integrity and courage and a wonderful man of character. i greatly appreciate it. it's been the honor and privilege of my life to serve the people of south carolina and the united states senate. debbie and i and my whole family are so thankful for the encouragement and support over the years. everywhere we go people just grab our arms and say, "thanks for fighting, we're praying for you." and so often i hear people say, "what can i do?" people in this state want to make a difference, and it really has inspired me to take that idea all around the country, and by doing that i have seen that if we t
and we've switched around, but we've worked real well together in washington. he's a great senator. does a good job on so many different issues. so i've been proud to serve with him and i'll continue to work with him from my approach over at the heritage foundation. tim, i feel the same way you do about our congressional delegation. i could not be prouder of our state for sending folks like this to stand in washington and fight for the right ideas. and they've certainly done it with a lot of...
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Dec 31, 2012
12/12
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in washington, in washington, washington had about 40,000 people then as a city, 12,000 of them were black. the majority of the black people in washington, actually, in 1830 were free, were not slaves. out of the 12,000 black people, slightly more than half were free. >> what led to washington, d.c.'s first race riots in 1835? what part did francis scott key play? recount the almost forgotten chapter in american history in "snowstorm in august," part of four days of nonfiction books and authors on new year's day's booktv. up next, "after words" with the georgetown professor of history. this week, they discuss the untold history of the united states, a companion book to the documentary series. le it, they argue that u.s.
in washington, in washington, washington had about 40,000 people then as a city, 12,000 of them were black. the majority of the black people in washington, actually, in 1830 were free, were not slaves. out of the 12,000 black people, slightly more than half were free. >> what led to washington, d.c.'s first race riots in 1835? what part did francis scott key play? recount the almost forgotten chapter in american history in "snowstorm in august," part of four days of nonfiction...
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Dec 10, 2012
12/12
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>> tomorrow, robert levensoinson "washington journal." live, 7:00 a.m. eastern, on c- span. >> i think people still love discovery. every year, some show people are suddenly talking about, i do not think you could ever a matching choosing. i want you to choose honey boubou. for certain food and -- or certain food items. we stumble on them, or hear people talking about them, and go into environments, and suddenly find, i sort of like honey boo boo. i think that is a huge part of the american television experience. i think it gets sold short. i think a lot of americans love the enjoyment of escaping and being able to run around the tv juggle finding things they did not know were there. >> the future of television. monday night. o'clock a.m. eastern. on wednesday, the british chancellor and released the government's annual report on the british economy. prime minister david cameron took questions. he also answered questions on afghanistan, secure in the u.k. border. this is just over 30 minutes. >> number one, mr. speaker. >> thank you, mr. speaker. i'm sur
>> tomorrow, robert levensoinson "washington journal." live, 7:00 a.m. eastern, on c- span. >> i think people still love discovery. every year, some show people are suddenly talking about, i do not think you could ever a matching choosing. i want you to choose honey boubou. for certain food and -- or certain food items. we stumble on them, or hear people talking about them, and go into environments, and suddenly find, i sort of like honey boo boo. i think that is a huge...
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we have a problem in washington. a president who is addicted to spending, a congress that is addicted to spending. and we need to have an intervention. and that instervention that to come from people in washington who understand the problem. and they have to say no to all of this. unfortunately, the one place that can happen is the house, and it is not happening. neil: one thing -- you and i might disagree -- but i think that elections do have consequences, the american people since seem to support they want to stick it to the rich, i do not agree with that i think that hoops that republicans are going through to find an alternative to raising raters on clinton era rates. it could get so ca complicated d get worse. when you talk mortgages and charities and everything else. why not raise rates on rich, fight for a simp her tax system that -- simpler tax system that might provide lower taxes down the road. >> well we need to demand concessions on spending. neil: we're not getting them. >> that is the point, so putting
we have a problem in washington. a president who is addicted to spending, a congress that is addicted to spending. and we need to have an intervention. and that instervention that to come from people in washington who understand the problem. and they have to say no to all of this. unfortunately, the one place that can happen is the house, and it is not happening. neil: one thing -- you and i might disagree -- but i think that elections do have consequences, the american people since seem to...
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Dec 19, 2012
12/12
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brad in washington, brad? >> caller: hey, jim, merry christmas boo-yah from washington. >> kirkland, hey, i like kirkland brand from costco. >> caller: yes, indeed. well, i had a question about another pacific northwest company, gbx, green breyer. >> i think the stock is inexpensive. i don't know whether -- i don't know who comes back, but i've got to tell you, i do a lot of work with the railroads and we need a lot of cars. i think this is a good buy. it's not going to be, look, if you want a rail, i like ksu. remember that? someone downgraded it the other day. i think that was wrong. how about chris in my home state of pennsylvania, chris? >> caller: boo-yah from scranton, pennsylvania. >> what's going on? >> caller: not much, not much. i wanted to know what you think about lockheed martin. i saw the pentagon agreed to buy 30 of their s-35s. but the stock's down a little bit. i wanted to know what your take was -- >> all right. chris, this isn't dunder mifflin, it's a great company. it's only a dollar off th
brad in washington, brad? >> caller: hey, jim, merry christmas boo-yah from washington. >> kirkland, hey, i like kirkland brand from costco. >> caller: yes, indeed. well, i had a question about another pacific northwest company, gbx, green breyer. >> i think the stock is inexpensive. i don't know whether -- i don't know who comes back, but i've got to tell you, i do a lot of work with the railroads and we need a lot of cars. i think this is a good buy. it's not going to...
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Dec 30, 2012
12/12
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they don't think they were sent to washington to be partisans. they think they were sent to solve the nation's problems. and number three, the problems and particularly dramatized by the terrible events at newtown, the problems are there to be addressed. and i think that this is a defining moment. i think it is going to change. >> and we do need to have some really, really great minds come back in, like lugar and snowe >>> as part of the latest defense budget congressional leaders around the administration put acrimony aside to come together switching export licensing authority for commercial satellites from the state department to the commerce department. state gained control of those licenses in 1999 after china obtained secret satellite technology by launching american-made commercial satellites in orbit, improving the accuracy of beijing's missiles but tougher standards cost u.s. satellite makers more than $21 billion in sales as frustrated customers turned to european and asian suppliers. the obama administration has been keen to reform the
they don't think they were sent to washington to be partisans. they think they were sent to solve the nation's problems. and number three, the problems and particularly dramatized by the terrible events at newtown, the problems are there to be addressed. and i think that this is a defining moment. i think it is going to change. >> and we do need to have some really, really great minds come back in, like lugar and snowe >>> as part of the latest defense budget congressional...
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Dec 24, 2012
12/12
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one of which in washington is almost been totally discredited because they really haven't included a broad swath of the opposition, broad enough that would have legitimacy with the opposition back in syria itself. but there are some attempts and people are thinking about these things-perhaps because of what happened in iraq in 2003. >> wonderful. one more. yes, please. >> what this likelihood that the regime will use chemical weapons and what should we or could we do if they do? >> good question. that's one of the questions that no one has an answer, understand what circumstances would the regime use chemical weapons. i suspect they don't want to use them because that would galvanize the exact international response they're trying to avoid. the don't want this type of mass blood-letting that will compel the international community to intervene much more assertively than it has. so i don't think they're going to use chemical weapons. the fear is, though, if the regime -- if the opposition gains the upper hand, if the regime is on its last legs will they want to go down in flames or wi
one of which in washington is almost been totally discredited because they really haven't included a broad swath of the opposition, broad enough that would have legitimacy with the opposition back in syria itself. but there are some attempts and people are thinking about these things-perhaps because of what happened in iraq in 2003. >> wonderful. one more. yes, please. >> what this likelihood that the regime will use chemical weapons and what should we or could we do if they do?...
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Dec 6, 2012
12/12
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have the second most popular guy in washington, d.c. robert griffin continues to and notoriety, locally and internationally. keeps saying and doing right things. with the reagans on sunday, wither monster game playoff implications. to talk about is the game. rgiii as the third highest passing rating and a week. he is behind reggie bush addressing. 7 yards to carry. all the experts continue to describe what to be a, rgiii wants to quarterback. to be the best quarterback to play the game. that is the approach i tend toward it. something i can fight. hear me push it that much. show it on the field. >> the raven's coming to town chance to clinch a playoffs. there are 15-0 after a loss, the longest streak in the nfl. >> there is a way you take a loss. taken theays approach, what are you going to do? worse from it? we have been that kind of team. we have always found a way to bounce back. carry it over to following week and that is want to do. do not >> trying to keep the redskins the cliff.over could be the most popular right now. could be t
have the second most popular guy in washington, d.c. robert griffin continues to and notoriety, locally and internationally. keeps saying and doing right things. with the reagans on sunday, wither monster game playoff implications. to talk about is the game. rgiii as the third highest passing rating and a week. he is behind reggie bush addressing. 7 yards to carry. all the experts continue to describe what to be a, rgiii wants to quarterback. to be the best quarterback to play the game. that is...
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Dec 26, 2012
12/12
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>> caller: washington redskins booyah p rg3 nation stand up. >> dan snooid ser your owner. have you thought about that at all? >> caller: i have a quick question. >> sure. >> caller: when the market is overbought, should i go for the long-term? >> when it's overbought, my own rule is that plus five, if we're very overbought, hey, take a pass. another time will come. however, you can get started small and hope it comes back if you just can't resist. sam in ohio. sam. >> caller: hey, jim. big glass city booyah to you. >> loving it what's up? >> caller: i got a question. i've been looking at a couple utility stocks, going with preferred instead of the common shares. i wanted to get your opinion on -- >> no, come on, man, we want upside. a lot of these utilities should have to be fabulous growth stocks, particularly in a growth economy. let's just open them outride, we'll do just fine. of course i want you in in market for the long run. you can't beat those high streakly traders. give me a break. i want long-term investing but that does not mean buy and forget. for the long hau
>> caller: washington redskins booyah p rg3 nation stand up. >> dan snooid ser your owner. have you thought about that at all? >> caller: i have a quick question. >> sure. >> caller: when the market is overbought, should i go for the long-term? >> when it's overbought, my own rule is that plus five, if we're very overbought, hey, take a pass. another time will come. however, you can get started small and hope it comes back if you just can't resist. sam in...
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over the revolving door in washington to play in the money game here in d.c. it's been said that politicians long ago sold out the american people for campaign cash this story just proves that point the hill newspaper reports that nearly a dozen newly elected members of congress have already set up super pacs keep in mind these ten people have not even been sworn into office yet that will happen next month but they already have super pacs in place to raise money. in the past super pacs have normally been used by senior members of congress and to influence and build alliances many super pacs donate to other lawmaker lawmakers campaigns in order or to the campaign of politicians back in their home states so what does this say about how washington works does this just prove that money runs the scouting. well lawmakers who haven't even been given keys to their offices are already raising money for the next election seems like the answer is yes meanwhile this country is headed for a fiscal cliff makes you wonder how can politicians worry about the nation's finances
over the revolving door in washington to play in the money game here in d.c. it's been said that politicians long ago sold out the american people for campaign cash this story just proves that point the hill newspaper reports that nearly a dozen newly elected members of congress have already set up super pacs keep in mind these ten people have not even been sworn into office yet that will happen next month but they already have super pacs in place to raise money. in the past super pacs have...
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Dec 30, 2012
12/12
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upper 30's. >> of rare treat in washington d.c. the public will get a chance to see the emancipation proclamation in person at his home at the national archives. >> it lines up with the declaration of independence as one of the great documents in history. >> the emancipation proclamation signed by president lincoln on january 1, 1863. is 150 years old on newsday. to celebrate it is making a rare public appearance sunday through tuesday at the national archives. >> when you can see it up front and see lincoln's signature and all the other provisions of the document, it brings the document to life. >> it declared that all slaves in states rebeling against the union were to be forever free. but it did not immediately and slavery. president lincoln did not have the power to enforce it in areas under confederate control. >> to afford us this moment, now, now. >> what the document did do was become a symbol of hope for 4 million slaves and change the character of the war. >> it was important. it was a military measure. lincoln did not do
upper 30's. >> of rare treat in washington d.c. the public will get a chance to see the emancipation proclamation in person at his home at the national archives. >> it lines up with the declaration of independence as one of the great documents in history. >> the emancipation proclamation signed by president lincoln on january 1, 1863. is 150 years old on newsday. to celebrate it is making a rare public appearance sunday through tuesday at the national archives. >> when...
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Dec 28, 2012
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in washington, apparently, deadlines come and go and there aren't any consequences? >> melissa, two things. one, i think that on the corporate side, largely companies want tax reform, but small businesses, conceivably much more at risk because of the cliff, their voice perhaps isn't being heard as well as at the ceo level. i'm worried at the smaller level, where the majority of the job creation occurs. that's really what concerns me, and i think on the cliff, the fact that -- the other point i wanted to make. the fact that neither side really is making any headwind. we've known about this for such a long time. it's just in credibly disconcerting. >> all right. joe, thank you for phoning in. we appreciate your analysis. tyler and michelle, joe makes a good point about the pain being felt. you are the job creators, and here we are. the impact most borne by them. >> well, i think that's true, and the real paralysis, the hostage quality of the whole debate over the past few months has been disconcerting. we've had so many people come on the air and say give us the level
in washington, apparently, deadlines come and go and there aren't any consequences? >> melissa, two things. one, i think that on the corporate side, largely companies want tax reform, but small businesses, conceivably much more at risk because of the cliff, their voice perhaps isn't being heard as well as at the ceo level. i'm worried at the smaller level, where the majority of the job creation occurs. that's really what concerns me, and i think on the cliff, the fact that -- the other...
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Dec 28, 2012
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these are big-time washington diplomatic security secrets. >> yes. this was such an important secret to keep, no one in the state department knew. the same, i think, except for those with need-to-know in the pentagon and cia and certainly the white house. so i just felt a personal responsibility to keep it close, but that meant that i was basically, you know, having to consult with myself, to be honest. >> keeping this secret also meant going on about the business of presidency, touring that awful storm damage in alabama while knowing at athat very moment u.s. navy s.e.a.l.s were already the on the move halfway around the world. you had to go to tuscaloosa? >> yes. >> you had to go have fun at the correspondents dinner? >> yes. >> seth meyers makes a joke about osama bin laden. >> did you know that every day from 4:00 to 5:00 he hosts a show on c-span? >> how do you keep an even keel, even when we look back on the videotape of that night, there's no real depiction there's something afoot? >> you know, when i go down to tuscaloosa, i'm very much prese
these are big-time washington diplomatic security secrets. >> yes. this was such an important secret to keep, no one in the state department knew. the same, i think, except for those with need-to-know in the pentagon and cia and certainly the white house. so i just felt a personal responsibility to keep it close, but that meant that i was basically, you know, having to consult with myself, to be honest. >> keeping this secret also meant going on about the business of presidency,...
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Dec 23, 2012
12/12
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they have indeed greatly increased staffs and they even have elements in washington that begin to act like lobbies. when a new problem arises, a joint task force is put together. and that makes sense. and the elements may come from more than one of the unified and specified commands. so i think another look is needed at not at the question of jointness, but at how it's carried out. and how the overhead is distributed. >> you worked in the pentagon during the vietnam war and there are those and you even mentioned certain parallels between the vietnam conflict and what we're seeing in afghanistan. right now there's a big debate going on in washington whether or not troop levels should remain high to ensure that we can train the afghans fast enough to hand over control before we leave at the end of 2014. why is that a bad idea from your standpoint? >> the real question is what kind of country is going to -- will it be possible to leave behind? and the case of vietnam, my own conclusion back in period of 1967, '68, became that the government there was unsustainable because it really did n
they have indeed greatly increased staffs and they even have elements in washington that begin to act like lobbies. when a new problem arises, a joint task force is put together. and that makes sense. and the elements may come from more than one of the unified and specified commands. so i think another look is needed at not at the question of jointness, but at how it's carried out. and how the overhead is distributed. >> you worked in the pentagon during the vietnam war and there are...
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Dec 8, 2012
12/12
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vors in maine, maryland, and washington approved gay marriage just last month. there are 31 states where it is specifically banned. north carolina is the most recent state where voters went to the polls to ensure they wouldn't occur there. >> the ruling is going effect nows of couples in the bay area. we talked to a couple waiting to get married. >> countless thousands of gay couples have watched this case move into the legal system but few thought it would go to the supreme court so soon. >> long time partners tom and jeff stayed glue to their computer monitors all morning. >> either the prop eight or the doma. >> devoted to this. >> despite all of their research r search they did not expect that the supreme court would take up this case. >> we tend to believe that the supreme court is cautious and there are reasons they could have left the case alone. >> we were hoping that the supreme court wouldn't take the prop eight-case in which case, we could get married pretty soon, but it just means more waiting. >> we are pay -- paying our dues. we've been toyed with
vors in maine, maryland, and washington approved gay marriage just last month. there are 31 states where it is specifically banned. north carolina is the most recent state where voters went to the polls to ensure they wouldn't occur there. >> the ruling is going effect nows of couples in the bay area. we talked to a couple waiting to get married. >> countless thousands of gay couples have watched this case move into the legal system but few thought it would go to the supreme court...
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Dec 4, 2012
12/12
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jim acosta in washington with details. i'm going to let you explain what transpired between two and why some are saying this may have crossed the line. >> what is going on here, this comes out of the part of the process during the republican battle for that nomination when people inside the republican party pining for other candidates, people like chris christie, jeb bush and david patreaus. so it was in 2011 when an analyst for fox news, k.t. mcfarland sat down with general patreaus to talk about the war in afghanistan. also the prospect that david patreaus might be tapped to head the cia or be the chairman of the joint chiefs. it was during that discussion when this i guess proposal was issued to david patreaus. k.t. mcfarland said it came from ro ro roger ailes, if patreaus wanted to run for president ailes might be able to help him with that and run a david patreaus for president campaign. here's a little bit of sound from the interview obtained by "the post." the other thing was directly advice to me from roger ailes
jim acosta in washington with details. i'm going to let you explain what transpired between two and why some are saying this may have crossed the line. >> what is going on here, this comes out of the part of the process during the republican battle for that nomination when people inside the republican party pining for other candidates, people like chris christie, jeb bush and david patreaus. so it was in 2011 when an analyst for fox news, k.t. mcfarland sat down with general patreaus to...
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Dec 9, 2012
12/12
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lessons he learned about trust and his father senior 1930 through 1950 had a quotation from george washington hanging in a frame behind his desk in a letter he wrote to his officers at the time it said do not suffer your good nature to say yes and you ought to say no. remember it is not a private cause to be injured urban if it did buy your car is" he has said no ever since. paul volcker is known today by the volcker rule but he earned trust synonymous with his name by standing up to political trip pressure with inflation that almost destroyed the american financial system. he blames his mother like the rest of us i say he has to stand in line. he was upset because she refused to give him an increase in his allowance at the end of world war ii he was looking at the inflation and of world war ii but the real reason he is obsessed because it is with the honor of government service. he believes inflation undermines trust in government that the government will not abuse the rights as citizens to print money. this is the most overlooked but fundamental item for the evil of inflation. trust brings
lessons he learned about trust and his father senior 1930 through 1950 had a quotation from george washington hanging in a frame behind his desk in a letter he wrote to his officers at the time it said do not suffer your good nature to say yes and you ought to say no. remember it is not a private cause to be injured urban if it did buy your car is" he has said no ever since. paul volcker is known today by the volcker rule but he earned trust synonymous with his name by standing up to...
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Dec 18, 2012
12/12
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based on the hope that our leaders in washington may be working on the fiscal cliff. someone might panic then. let's focus on a company that may get cheaper. there are two ways to value every company. that represents what traders are willing to pay for a piece of the company. that in mind i want to tell you a tale about a company that could be in the cross hairs of it and the company i'm talking about is mindsafety. prote protection devices. that is a lot of stuff that you need to do in the oil and gas industry. oil and gas companies, as well as law enforcement agencies and the military. why do i think that my safety is to be required? take vng come on, safety never takes a vacation and no one ever skimps on it. mine safety sold the body armor business. honey well is the safety division. what do we get? this is part of the safety division. due possible has a safety division. $53 share stock. $41 price tag. both honey well and dupont want to add to their safety offer. $1.4 billion to buy sperion. they invented kevlar. in 2008 they bought industrial apparel. it is one o
based on the hope that our leaders in washington may be working on the fiscal cliff. someone might panic then. let's focus on a company that may get cheaper. there are two ways to value every company. that represents what traders are willing to pay for a piece of the company. that in mind i want to tell you a tale about a company that could be in the cross hairs of it and the company i'm talking about is mindsafety. prote protection devices. that is a lot of stuff that you need to do in the oil...
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Dec 11, 2012
12/12
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all coming up on "mad money." >>> endless idiocy in washington. it seems like an in increase oil production, transport oil from remote areas where it's pumped out of the ground to places where it's refined. this is a huge opportunity for the pipeline operators, enb for you home gamers, this is the canadian pipeline that operates the most efficient transportation system. we just talked about it in october, on the heels of its very strong analyst day. there's been a ton of good news for this company. it announced a $6.2 billion project on top of a new railroad joint venture. embridge now has $26 billion worth of commercial projects through this year. those projects are fueling the company's earnings growth which management projects will be upwards for four years to come. no wonder the stock is only a few cents away from its 52-week high. this story has only gotten stronger since we last checked in with management. let's check with al monaco. mr. monaco, welcome back to "mad money." >> thanks, jim. glad to be here. >> could you please explain to the
all coming up on "mad money." >>> endless idiocy in washington. it seems like an in increase oil production, transport oil from remote areas where it's pumped out of the ground to places where it's refined. this is a huge opportunity for the pipeline operators, enb for you home gamers, this is the canadian pipeline that operates the most efficient transportation system. we just talked about it in october, on the heels of its very strong analyst day. there's been a ton of good...
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Dec 26, 2012
12/12
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FBC
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he says there is lot of mythology in washington. going on the vast majority of jobs in the united states are produced by capital investment, business and software, not small business. it is done by big business. he is trying to make the point there's a lot of mythology in washington about rising taxes, eliminating jobs and it is just not the case. i don't, catheri, do you believe he believes this? and, or do you think he is saying it to try and toe the party line and make everybody happy? >> i can't speak for him and but i will respectfully disagree. according to the u.s. department of labor, 65% of all net new jobs come from small businesses. i don't know where he is getting his facts but i happy to know, let's talk about the ups stores, a competitor to fedex. they have opened over 100 new franchise locations this year. each one of those locations hires three to five employees. that is 300 to 500 new jobs from small businesses. melissa: yeah. >> i don't know that fedex has hired that many people this year. melissa: jim, i want to a
he says there is lot of mythology in washington. going on the vast majority of jobs in the united states are produced by capital investment, business and software, not small business. it is done by big business. he is trying to make the point there's a lot of mythology in washington about rising taxes, eliminating jobs and it is just not the case. i don't, catheri, do you believe he believes this? and, or do you think he is saying it to try and toe the party line and make everybody happy?...
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lou: a big surprise today in washington. senator jim demint of south carolina announcing he will resign his senate seat? january to take over the leadership of the think tank, the conservative think tank, the heritage foundation. earlier, the snator criticized boehner's proposal saying, quote, would destroy american jobs and not reduce the debt a penny. joining me to talk about the senator's resignation, his outlook on the cliff, and a host of other issues, delighted to be joined by south carolina lawmaker congressman trey, and congressman, great to have you with us. let me begin with the fiscal cliff. as i discussed with steven and our editor, chris, i have not heard a single republican say of the president's ultimatum, you know, that's the cause of the cliff, not the facthat we department yield to that ultimatum. why in the world aren't republicans talking about the president's ultimatum is -- as thee causal agent of any plunge over the fiscal cliff? >> wel lu, this are a few. jim jordan, demint, we don't have a megaphone
lou: a big surprise today in washington. senator jim demint of south carolina announcing he will resign his senate seat? january to take over the leadership of the think tank, the conservative think tank, the heritage foundation. earlier, the snator criticized boehner's proposal saying, quote, would destroy american jobs and not reduce the debt a penny. joining me to talk about the senator's resignation, his outlook on the cliff, and a host of other issues, delighted to be joined by south...
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what happens if washington calls it a win, $3 trillion? >> i think $3 trillion, $4 trillion will be a sufficient number, erin, to sort of calm investment markets and to produce a real economy that is growth positive as opposed to growth negative. the real problem going forward is you know, that we're going over the cliff no matter what. it depends on whether we go over like wile keme. coyote or like road runner with a parachute. that's the road runner with a parachute. but still, that cliff is like the grand canyon. there are more entitlements to cut and more taxes to raise over the ensuing years. >> and that, i guess, is the problem. all right, i prefer to be road runner with a parachute than wile e. coyoty. i'll give you that, but as you said, we still go off the cliff. how can washington do a deal as big as the numbers you say we need that will prevent the country from, just to give people a sense of what the outcomes could be, it could be your borrowing costs sky rocket, it could be your cost of living plunges. it could be serious in t
what happens if washington calls it a win, $3 trillion? >> i think $3 trillion, $4 trillion will be a sufficient number, erin, to sort of calm investment markets and to produce a real economy that is growth positive as opposed to growth negative. the real problem going forward is you know, that we're going over the cliff no matter what. it depends on whether we go over like wile keme. coyote or like road runner with a parachute. that's the road runner with a parachute. but still, that...